v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 389 $ 509
Accounts receivable 7,070,814
Other receivables-related party 4,779,184
Prepaid expenses and other current assets 101,344
Current assets of discontinued operations 34,666,790
TOTAL CURRENT ASSETS 11,951,731 34,667,299
Right-of-use asset, net 39,552
Non-current assets from discontinued operations 11,185,473
TOTAL NON-CURRENT ASSETS 39,552 11,185,473
TOTAL ASSETS 11,991,283 45,852,772
CURRENT LIABILITIES:    
Accounts payable 6,593,137
Accrued liabilities and other payables 73,638 209,631
Other payables - related parties 21,587 1,440
Tax payable 59,531
Lease liability - current 24,229
Current liabilities from discontinued operations 13,221,655
TOTAL CURRENT LIABILITIES 6,772,122 13,432,726
Lease liability – non-current 18,735
Non-current liabilities from discontinued operations 4,575,071
TOTAL NON-CURRENT LIABILITIES 18,735 4,575,071
TOTAL LIABILITIES 6,790,857 18,007,797
COMMITMENTS AND CONTINGENCIES (NOTE 12)
SHAREHOLDERS’ EQUITY    
Additional paid-in capital 30,196,454 3,462,427
Statutory reserves 400,454
(Accumulated deficits) retained earnings (25,043,811) 16,873,997
Accumulated other comprehensive income (loss) 48,321 (4,924,576)
TOTAL HUACHEN CAYMAN SHAREHOLDERS’ EQUITY 5,201,008 15,812,340
Non-controlling interest (582) 12,032,635
TOTAL SHAREHOLDERS’ EQUITY 5,200,426 27,844,975
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 11,991,283 45,852,772
Class A Ordinary Shares    
SHAREHOLDERS’ EQUITY    
Ordinary shares, value 24 38
Class B Ordinary Shares    
SHAREHOLDERS’ EQUITY    
Ordinary shares, value $ 20